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20121118
20121118
Search Results 0 to 10 of about 11 (some duplicates have been removed)
. >>> and many call him the next steve jobs. you are probably already using something this quiet genius already invented. the "wall street journal report" begins right now. >> this is america's number 1:00 one financial news program, "wall street journal report." now maria bartiromo. >>> here's a look at what is making news as we head to a new week on wall street. corporate america had a strong message for president obama this week. ceos of a dozen of america's largest companies met with the president and warned that washington must reach a deal to avoid the fiscal cliff. the president also sat down with congressional leaders and officially began negotiations. if congress doesn't act taxes on income, dividends and estates will go up and spending cuts will kick in january 1st. this week, i spoke to allen simpson ander skis bowl subpoeimpson anders skin bowls. >> you can't spend or grow your way out of. this grab hold it will be a rocky road. >> you say closing the loopholes alone brings a trillion. >> if you are willing to wipe out all of them and that may not be feasible but you can broaden the
, marie a ya. >> t thank you for joining us. you are a rare breed. a top wall street exivutivee bu f close relationship with the president. talk tous about this drama over the fiscal cliff. are we still in the posturing stage? how does this play out? >> i hope it plays out with a deal the. i would have probably put it around 80% a deal, but i would have sliced it this way. i would say 50% of thahat 80 is they come up with like $60 billion, which is six months of the ten years of the 1.2 trillion sequester. >> okay. >> okay. so something like -- >> a drop in the bucket. >> a drop in the bucket. you could do that and if you were doing that you would have to say okay and we are going to pass the debt ceiling. that gets you to march enor april and it forms a good basis. >> what do you think of the reports out on friday that the white house is in advance talks to replace the sweeping cuts set to begin in january with a smaller package. are they in a advanced talks especially delaying the harder decisions until in to 2013? feels like the president's digging in. he doesn't want togive on t thi no
cliff talks with congressional leaders, president obama gave us a hit list of his negotiations strategies, repeating his intention to immediately raise tax rates on top earners. >> when it comes to the top 2%, what i'm not going to do is to extend further a tax cut for folks who don't need it which would cost close to a trillion dollars and it's very difficult to see how you make up that trillion dollars if we're serious about deficit reduction, just by closing loopholes and deductions. the math tends not to work. >> paul: but does the president's math add up? let's ask wall street journal columnist bill mcguerin, and analyst steve moore and washington columnist kim strassel. so, kim, the president won reelection, was this the hand of magnimty reaching out to the republicans? >> it's crazy, it's what the president says all the time. if you listen to the press conference, he seems to say the biggest wish list for his liberal partisans has become docile letting these tax rates expire. while the republicans have moved, they are offering revenue, this is a change from their positio
this. toys r us is opening at the same time on thanksgiving, sears opening same time on thanksgiving. apm, target is opening a little later, 9 p.m they need to do this in order to bring in the revenue. these are companies that are hurting, right? >> yeah. businesses are in business for profit. hear morgan and rick, you would think they're exploiting their employees, but the reality is every time a wal-mart opens, big, big lines of people wanting to work there. so i think it's the opposite of what they say. they're getting paid double time. i think this is just an example of unions who are increingly irrelevant in the private sector looking for attention on a day in which they'll get it. >> victim tore y what do you want to do? do folks who are against what wal-mart is doing, do they want to outlaw work on holidays? >> i'd like to. i think it sounds awful. i think shopping on thanksgiving evening is awful. >> sometimes you have to do awful things in order to pay the rent, right? >> be at home and have some apple pie, you know. [ laughter ] look, the issue here is that we have an awful
together which is focused on us. do not focus on what divides you as politicians, focus on us. i don't offer misplaced optimism often. when you are in washington you can get pessimistic really quick. but i think there is a pathway on immigration reform, a long-term debt reduction deal. continued education reform. that is really the test to the president and lead 76ers in the senate and the house. can they come together post election. for a period of time put your needs and the needs of the country first. i have a great deal of confidence that we will do that. [applause] >> thank you for having me back. it is great to be back at the university of delaware and thank you for coming. when we look at this election in 2012 republicans should not be diluted about this. this is a big night for the detectives. also look across the country in the u.s. senate. i will quote john mccain -- it is always dark before it is completely black. if you look at the election there are a couple of things that are just outstanding to focus on. the last presidential candidate who achieved 60% of the white vo
Search Results 0 to 10 of about 11 (some duplicates have been removed)